Common use of POSTPONEMENT OF DELIVERY OF CERTIFICATES Clause in Contracts

POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five (5) Business Days after the date of the re-opening of the stock transfer books.

Appears in 2 contracts

Samples: Warrant Indenture (Bid Com International Inc), Warrant Indenture (Bid Com International Inc)

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POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers Corporation shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five (5) Business Days after the date of the re-opening of the stock transfer books.

Appears in 1 contract

Samples: Warrant Indenture (Bid Com International Inc)

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POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers Corporation shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five three (53) Business Days after the date of the re-opening of the stock transfer books.

Appears in 1 contract

Samples: Warrant Indenture (Bid Com International Inc)

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